AMD Establishes Advanced Micro Devices (China) Co., Ltd.

BEIJING - MAY 19, 2004 - AMD (NYSE: AMD) today announced it has established AMD (China) Co., Ltd., and co-hosted an inaugural ceremony with officials from the Zhongguancun Science Park in Beijing, where the company will be headquartered. AMD (China) Co., Ltd. is registered as a foreign-invested holding company, managing all AMD investments in China and enabling it to conduct an increased scope of business operations in the country. As part of its business strategy, the company intends to register branch offices in Shanghai and Shenzhen, oversee subsidiaries such as the recently announced AMD Technologies (China) Co., Ltd, in Suzhou, and it will also oversee AMD's Hong Kong operations.